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Consider the following premerger information about Firm X and Firm Y : Assume that Firm X acquires Firm Y by paying cash for all the

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Consider the following premerger information about Firm X and Firm Y : Assume that Firm X acquires Firm Y by paying cash for all the shares outstanding at a merger premium of $6 per share. Assuming that neither firm has any debt before or after the merger, what are the total assets of Firm X after the merger? Pearl, Incorporated has offered $710 million cash for all of the common stock in Jam Corporation. Based on recent market information, Jam is worth $610 million as an independent operation. If the merger makes economic sense for Pearl, what is the minimum estimated value of the synergistic benefits from the merger? Multiple Choice $105.000,000 S-100,000,000 \& 4nn

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